It is the theoretical probability of the event.
Chat with our AI personalities
Odds in Favor ^Wrong..It's theoretical probability.
the ratio of the number favorable outcomes to the total number of trials.
fifty-fifty
the extent to which an event is likely to occur, measured by the ratio of the favorable cases to the whole number of cases possible
The mathematical chance that something will happen is called "probability." It quantifies the likelihood of an event occurring, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty. Probability can also be represented as a percentage or a fraction, reflecting the ratio of favorable outcomes to the total number of possible outcomes.